Medium gap up, a little above yesterday's high, so there're some chances that the gap might not get filled. The global ES looks like a double bottom breakout, safe target could be around 1320ish.
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doji wrote:ES 60min chart , also the downward trendline breakout, and gap up above the 20MA line.
If today is a strong up day, my guess is the low of the ES might be gap filled.
Some early movers already had buy volumes in past 2 days. And forming their own Higher HIGH, higher LOW up trends.
Hmm, interesting. What are those some early movers?
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Strong start, there's a channel, so if you really want to short, at least wait until the channel broken. I won't thinking of short of course.
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FYI...EEM is below 44.50.Having seen a bearish triangle on the Point and Figure charts. EEM could be in a longer term down trend.This could have a negitave effect on our mkt. Wait and see.
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Yes. That's just the part strictly according to model.
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